Garrison Point Advisors LLC Acquires 4,265 Shares of Meta Platforms, Inc. $META

Garrison Point Advisors LLC increased its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 94.1% in the 3rd quarter, HoldingsChannel reports. The firm owned 8,799 shares of the social networking company’s stock after acquiring an additional 4,265 shares during the period. Meta Platforms makes up approximately 2.7% of Garrison Point Advisors LLC’s holdings, making the stock its 7th largest holding. Garrison Point Advisors LLC’s holdings in Meta Platforms were worth $6,462,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Bare Financial Services Inc bought a new stake in shares of Meta Platforms in the 2nd quarter valued at $30,000. Evergreen Private Wealth LLC grew its holdings in Meta Platforms by 237.5% in the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after purchasing an additional 38 shares during the period. Briaud Financial Planning Inc bought a new stake in Meta Platforms in the second quarter valued at $42,000. Knuff & Co LLC acquired a new position in shares of Meta Platforms during the second quarter valued at about $44,000. Finally, WFA Asset Management Corp boosted its position in shares of Meta Platforms by 42.6% during the 2nd quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock worth $49,000 after purchasing an additional 20 shares in the last quarter. 79.91% of the stock is currently owned by institutional investors.

Meta Platforms Stock Performance

Shares of META stock opened at $641.97 on Tuesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98. The firm has a 50-day moving average of $641.35 and a 200-day moving average of $702.93. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25. The company has a market cap of $1.62 trillion, a P/E ratio of 28.36, a P/E/G ratio of 1.29 and a beta of 1.29.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.74 by $0.51. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. The business had revenue of $51.24 billion during the quarter, compared to the consensus estimate of $49.34 billion. During the same period in the prior year, the firm posted $6.03 EPS. The firm’s quarterly revenue was up 26.2% compared to the same quarter last year. Equities research analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Monday, December 15th were issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, December 15th. Meta Platforms’s dividend payout ratio (DPR) is 9.28%.

Analyst Ratings Changes

A number of analysts recently commented on META shares. Erste Group Bank lowered Meta Platforms from a “buy” rating to a “hold” rating in a research report on Monday, November 10th. Monness Crespi & Hardt cut their target price on Meta Platforms from $860.00 to $808.00 and set a “buy” rating on the stock in a report on Thursday, October 30th. Morgan Stanley decreased their price target on shares of Meta Platforms from $820.00 to $750.00 and set an “overweight” rating for the company in a research note on Thursday, December 11th. Wall Street Zen lowered shares of Meta Platforms from a “buy” rating to a “hold” rating in a research note on Saturday, November 1st. Finally, TD Cowen reduced their price objective on shares of Meta Platforms from $875.00 to $810.00 and set a “buy” rating for the company in a report on Thursday, October 30th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $822.73.

More Meta Platforms News

Here are the key news stories impacting Meta Platforms this week:

• Positive Sentiment: Meta named Dina Powell McCormick as president and vice chair, a senior hire expected to help execute its large AI and infrastructure agenda. This adds experienced deal‑making and political connections to management. Reuters: Dina Powell joins Meta
• Positive Sentiment: Meta launched “Meta Compute” and reiterated plans to build gigawatt‑scale AI compute capacity — a strategic move to control AI infrastructure and product differentiation long term. Reuters: Meta Compute
• Positive Sentiment: Meta agreed to prepay/partner on large nuclear and energy projects (e.g., Oklo/Vistra) to secure baseload power for AI data centers — this reduces long‑term operating risk from grid constraints and could create a durable competitive moat. MarketBeat: Meta and Oklo energy deal
• Positive Sentiment: Analyst coverage remains constructive: Wells Fargo kept an overweight stance while slightly tweaking its price target, signaling continued analyst confidence in the multi‑year story. Benzinga: Wells Fargo note
• Neutral Sentiment: Meta rolled out a new performance program (“Checkpoint”) to reward top performers—could improve productivity but is mainly an HR/retention change. BI: Checkpoint program
• Neutral Sentiment: Meta adjusted WhatsApp policy scope in some markets (e.g., excluding Italy from a rival‑chatbot ban) — an operational compliance tweak that reduces friction in that market. Reuters: Italy exclusion
• Negative Sentiment: Meta plans cuts of roughly 10–15% of Reality Labs staff and other Reality Labs layoffs were reported — signals that metaverse businesses remain a drag and that near‑term restructuring / impairment risk remains. Reuters: Reality Labs cuts
• Negative Sentiment: Brazil’s antitrust authority opened an investigation and suspended new WhatsApp Business terms — adding regulatory/legal risk and potential product friction in a large market. Reuters: Brazil probe
• Negative Sentiment: Meta removed ~550k accounts in Australia to comply with an under‑16 ban and publicly urged policy rethink — regulatory actions and user‑coverage limits create near‑term user growth and PR headwinds. Yahoo: Australia under‑16 ban

Insiders Place Their Bets

In related news, COO Javier Olivan sold 2,610 shares of the business’s stock in a transaction dated Saturday, November 15th. The shares were sold at an average price of $609.46, for a total value of $1,590,690.60. Following the transaction, the chief operating officer directly owned 9,784 shares of the company’s stock, valued at approximately $5,962,956.64. The trade was a 21.06% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Aaron Anderson sold 726 shares of the firm’s stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $591.60, for a total transaction of $429,501.60. Following the sale, the chief accounting officer owned 6,035 shares of the company’s stock, valued at $3,570,306. This trade represents a 10.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 40,519 shares of company stock valued at $25,133,331. 13.61% of the stock is currently owned by insiders.

Meta Platforms Company Profile

Meta Platforms, Inc (NASDAQ: META), formerly Facebook, Inc, is a global technology company best known for building social networking services and immersive computing platforms. Founded in 2004 and headquartered in Menlo Park, California, the company operates a family of consumer-facing products and services that connect users, creators and businesses. In October 2021 the company rebranded as Meta to reflect an expanded strategic focus on augmented and virtual reality technologies alongside its social media businesses.

Meta’s core consumer products include Facebook, Instagram, WhatsApp and Messenger, which enable social networking, messaging, content sharing and community building across mobile and desktop devices.